Shuman Roy is an entrepreneur, business owner, and musician. He started RoysNoys, LLC in 2013 as a music production and education service company. He also offers small business consulting and advisory services to help businesses get from start-up mode to turn-key operations. Shuman earned his M.B.A from the Stern School of Business in 2001 and has an undergraduate degree from Manhattan College in ...

Full Bio →

Written by

Joel Ohman is the CEO of a private equity-backed digital media company. He is a CERTIFIED FINANCIAL PLANNER™, author, angel investor, and serial entrepreneur who loves creating new things, whether books or businesses. He has also previously served as the founder and resident CFP® of a national insurance agency, Real Time Health Quotes. He has an MBA from the University of South Florida. Joel...

Full Bio →

Reviewed by Joel Ohman
Founder, CFP®

UPDATED: Jul 19, 2021

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider. Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about life insurance. Our goal is to be an objective, third-party resource for everything life insurance related. We update our site regularly, and all content is reviewed by life insurance experts.

home auto

Progressive insurance is a powerhouse when it comes to insurance advertising.

Their newest line of television commercials focus on their “bundling” program, i.e. purchasing home and auto insurance together with Progressive.

The point being, when you bundle your home and auto insurance with Progressive, you save money by qualifying for a “multi policy” discount.

Everything is pretty cut and dry up to that point and not too earth shattering, as many insurers offer a similar discount as a way to capture more insurance per household.

Being that it’s TTAI’s business to review the many available insurance products out there, we thought we’d give this one a shot, but ran into a snag.

You see, Progressive does not “write” homeowners insurance. They just “sell” it.

Progressive acts as an insurance agent by soliciting insurance business, and then forwards that piece of business to an insurance company that collects the insurance premium dollars and pays any covered insurance claims.

On their website, you’ll see something to the effect of property insurance being provided and serviced by a trusted, third party.

What Is Progressive Home Advantage?

Here’s the disclaimer from their website, which we’ve printed in letters big enough to read:

*”Insurance policies purchased through the Progressive Home Advantage program are underwritten by leading providers of homeowners, renters and condominium insurance, including Homesite Insurance Group and IDS Property Casualty Insurance Company, depending on your state.

These companies are valued business associates that are not affiliated with Progressive, and are solely responsible for claims under insurance policies issued by them. Certain Progressive companies may be compensated as licensed agencies for performing services on behalf of these underwriting companies.”

ASI Lloyds was also added to that list at some point. In total, there are nearly a dozen companies that make up Progressive Home Advantage.

Compare Quotes From Top Companies and Save

 Secured with SHA-256 Encryption

Why, Progressive, Why?

Why not? Insurance is, for the most part, somewhat of a “commodity” and certainly a “marketing” business.

While there is a lot to be said for customer service and financial stability, no carrier out there can get away with too much poor service or operate with a bad balance sheet due to the high level of regulation in the insurance industry…no matter what those television commercials try to tell you.

Progressive insures millions of people in the United States. What better way to solicit another “line” of insurance, homeowners in this instance, than to go after an existing client base.

It only makes sense to partner with a homeowners insurance company. Progressive gets to offer a discount and may get a cut of the profits from that line of insurance. No harm, no foul.

This is similar to Costco Home Insurance, which is resold by a third-party company to its shoppers who are probably more interested in buying food in bulk.

Does It Really Matter?

In short, no, not a bit. At the end of the day, if you obtain Progressive auto insurance and purchase homeowners insurance through one of their partner companies and it saves you money, you win.

But to be certain you receive the best deal, speak with a local independent insurance agent who can shop your premium with several different companies at once, not just those already doing business together.

There could be a better deal out there, and you may never know about it if you let them do the shopping for you.